European equities start off week in positive territory

FXstreet.com (New York) - The European stock markets grinded higher Monday, having recorded modest gains to start off the week in the absence of major catalysts.

In terms of economic data, earlier today in the EMU, the lone indicator was the Sentix Investor Confidence (June) came in at -11.6, missing expectations of -10.0, and compared with a figure of -15.6 in May.

Beginning with commodities, the prices of gold and silver have bounced off session lows, trading more specifically at USD $1380.40 and $21.57 per oz. respectively. In addition, the price of crude is operating at USD $95.61/bbl Monday.

Moving to indices and composites, the EURO STOXX 50 rose +0.15% as it settles in region of 2728.25, up +4.17 points in these moments. In addition, the FTSE 100 moved higher Monday, operating at 6418.58 ascending +6.59 points or +0.10% at the time of writing. Finally, the DAX has strengthened recently as well, trading in the zone of 8328.27 presently +0.89% after a movement of +73.59 points.